5 things to know for Dec. 13
Today’s Headlines: UK hoteliers predict rate hikes following October budget; UK economy shrinks for second consecutive month; Saudi sovereign wealth fund launches hotel management company; 'Blue links' in Google's hotel search scrutinized in Europe; Hearty fare features on US hotels' holiday menus
Editor's Note: Some linked articles may be behind subscription paywalls.
Hoteliers likely to increase rates, streamline operations in aftermath of latest UK budget
New government's Oct. 30 budget laid out tax increases and higher employee costs
Since the election of a new Labour Party government in July, hoteliers in the United Kingdom have had to quickly come to terms with the policies of the new administration.
LVMH takes minority stake in French boutique hotel firm Les Domaines de Fontenille
Les Domaines de Fontenille has 11 hotels in France, Spain and Italy
LVMH Moët Hennessy Louis Vuitton has made another foray into the hotel industry.
Malaysian real estate investment trust to acquire two Kuala Lumpur hotels
Both properties in Malaysia's capital managed by Banyan Tree
Malaysian real estate investment fund Pavilion REIT Management plans to acquire two hotels in Malaysia’s capital Kuala Lumpur for a total of 480 million Malaysian Ringgit ($108.5 m...
PPHE Hotel Group joins FTSE EPRA Nareit Index
Hotel firm holds the master franchise for Radisson’s Park Plaza brand
Amsterdam-based hotel firm PPHE Hotel Group has joined the Financial Times Stock Exchange European Real Estate Association National Association of Real Estate Investment Trusts Glo...
Brookfield acquires Brisbane’s Hotel X
Approximately 40% of Brisbane hotel rooms are in luxury segment
Toronto-based Brookfield Asset Management has acquired the 146-room Hotel X Brisbane Fortitude Valley, Vignette Collection in Brisbane for a reported price of approximately 90 mill...
Owners of Portuguese resort Quinta do Lago acquire Conrad Algarve
The luxury hotel sits within the Quinta do Lago residential, golf and spa complex
The owners of Quinta do Lago — the multi-property leisure, residential and golf course resort complex in Faro, Portugal — completed their acquisition of the resort’s 144-room Conra...
Europe, Middle East and Africa hotel deals and developments: Dubai’s Aleph Hospitality assumes management of two resorts in Morocco
Hilton and Taiba Investments will bring Waldorf Astoria Hotels & Resorts brand to Madinah
This roundup features the latest hotel deals and developments in the Europe, Middle East and Africa region.
IHG's Maalouf sees next Trump administration, rising Chinese middle class as major tailwinds
Business travel, group bookings remain steady as IHG invests in growing pipeline
The head of IHG Hotels & Resorts sees plenty of tailwinds for the global hotel brand company around the world in the near to medium term.
Luxury hotel demand grows, changes across Europe and the Middle East
New requirements from luxury guests are likely to speed up hospitality industry cycles
There's no slowing down demand among wealthy travelers for high-end hotel experiences in Europe and the Middle East. Hoteliers are responding to how those guests by evolving how th...
Founder of Meliá Hotels International Gabriel Escarrer Juliá dead at 89
He merged his Hoteles Sol with Josep Melià i Sinisterra’s Melià firm in 1987
Gabriel Escarrer Juliá, who founded international hotel firm Meliá Hotels International, died at the age of 89 in his native Mallorca, Spain, on Nov. 26.
My hometown, Dartford: Two rock stars but only one hotel
The Rolling Stones’ Mick Jagger and Keith Richards met on the train station’s platform 2
It is not often that I visit the town I was born in, Dartford, Kent, England, even though it is only a little more than 10 miles from where I live and only a few more from the Lond...
5 things to know for Nov. 27
Today’s headlines: Second major storm batters UK and disrupts transportation; Irish hotels face rising costs; Indian wedding season to see 4.8 million unions in two months; More than 70 million Americans hit the road for Thanksgiving; Blackstone acquires Grand Hyatt Athens for €235 million
Editor's Note: Some linked articles may be behind subscription paywalls.
Europe hotel pulse: No quick solutions to combat overtourism
Mohari Hospitality purchases Venice’s iconic Bauer Hotel for €300 million
Each week, Hotel News Now features a news roundup from a different region of the world. This week’s compilation covers Europe.
5 things to know for Nov. 26
Today’s headlines: New York City hotels reach rate highs ahead of Thanksgiving; Hotelier and philanthropist Harris Rosen dies; European travel organizations warn against new Spain travel data requirements; Hong Kong’s Gaw Capital sells Bay Area hotel at 76% discount; Not many alternatives to UK tax increases, chancellor says
Editor's Note: Some linked articles may be behind subscription paywalls.
Dublin once again takes center stage for hotel investors
Archer Hotel Capital, Dalata Hotel Group made acquisitions in Ireland's capital city this year
Ireland's capital city Dublin is back in the spotlight for hotel investors and industry analysts as transactions have started to heat up in the city.
5 things to know for Nov. 25
Today’s Headlines: Storm Bert unleashes flooding, kills three in UK; Cape Verde government seeks to terminate Macau Legend hotel-casino; Franchising to further sweep across Europe, Wyndham exec says; Partners Group acquires majority stake in Spain’s Bluesea Hotels; Las Vegas’ Rio officially becomes part of Hyatt
Editor's Note: Some linked articles may be behind subscription paywalls.
Partners Group acquires majority share of Spain’s Bluesea Hotels
Swiss owner was partner in acquisition of London’s The Standard last week
Swiss investment firm Partners Group announced it has acquired a majority stake in Palma de Mallorca-based hotel firm Bluesea Hotels, although it did not provide any financial deta...
Arthur Frommer, the original travel-guide writer, dead at 95
His legacy has been to open the world for millions
This week I felt a bit of sadness as I read about the death of Arthur Frommer, the travel guide writer and publisher.
Franchising focus and promoting its legacy hotel brands: Wyndham's priorities in Europe
Wyndham's Dimitris Manikis discusses the company's Europe strategy in podcast interview
The major global hotel brand companies are expanding franchising across Europe, and Wyndham Hotels & Resorts is poised to take advantage of the surge across the continent.